Replies to Post #767728 onFannie Mae-No Politics (FNMA)

Replies to #767728 on Fannie Mae-No Politics (FNMA)

Clark6290

09/13/23 9:36 AM

#767729 RE: navycmdr #767728

Really. This is like the 10th time posted

QueenVic

09/13/23 9:39 AM

#767730 RE: navycmdr #767728

UNSUSTAINABLE!?!

And our votes don't count...
Our voices don't get heard...
You are "silenced" by suicide if you decide to go against them...

Fear is the governments favorite 'noun/verb'. 🤬🤬

Clark6290

09/13/23 9:58 AM

#767734 RE: navycmdr #767728

Need Bar Chart support and resistance levels. If not too much trouble, let us know if Shorty still running for the hills

Donotunderstand

09/13/23 10:21 AM

#767741 RE: navycmdr #767728

unsustainable

why?

again - I was taught by liberal teachers in a liberal college and then conservative teachers in a conservative masters program that DEBT is horrible at FED level --- as the issuing of bonds to carry the debt CROWDS out private borrowers (by increasing supply of debt and thus interest rate needed to attract buyers) . This crowding out will throttle growth of the private sector and kill GDP and cause recessions

I agreed. But - as posted prior - AT LEAST SO FAR for 30 years or more of D and R and various situations ---- the growing National Debt has not crowded out private borrowing - has not stopped massive GDP growth over that period - and is not the cause of any recession. This is not opinion but observation.

Now can that continue for ever ?
Now can that continue now that interest rates are getting back to normal ranges (increasing cost of Fed Debt and eating up more of the tax dollar collected) ?
I do not know - I do not know
I do know that higher and growing (SEE DJT period for most recent 25% growth (or was it 33%) in four years) HAS NOT come with all the predicted negatives --- it simply has not

Will that continue ? is there a real limit ? (100% or 200% of GDP?) -- I do not know . But the arguments of those who argue that the GOV accumulating debt - with a printing press and no end of life (v a family or business) start to ring true ---- so far.

So my bottom line --- given the last 30 or whatever years (time flies) of growing debt and no real negative impact --- NOT WORTH killing key programs that keep people alive or healthy in the name of NEEDED debt reduction.